Chapter 168: Chapter 168: Frustrated to Death
“Guang Lei, did you see the news? Now you know my judgment was right, haha.”
“Tell me, how much did you sell the guild for this time, how much total profit did you make?”
“The sales volume from live-streaming e-commerce has been good recently, should be able to make over two billion, right?”
Chen Ankang was extremely happy.
He had already predicted this rectification.
Having his son sell the guild was a perfect way to avoid the risk.
With this move, he could possibly offset the adverse impact from the previous failure to invest in the aluminum mine.
Even if it wasn’t fully offset, it would at least be partially corrected.
After all, investing in a project and making money, only to pull out before it ran into trouble—this kind of move was not something every investor could manage.
And he was one of them.
His capabilities were beyond doubt.
The aluminum mine incident was just a case of trusting his son’s misjudgment.
As long as he didn’t listen to his son’s baseless talk in the future, there would be no problems.
Of course, in the future, he also needed to teach his son more and let him learn more.
“Dad, I…” Chen Guanglei opened his mouth but found it difficult to say the words.
“What’s wrong?” Chen Ankang saw the troubled look on his son’s face and had a bad feeling, his heart suddenly sinking, “Don’t tell me you didn’t sell the guild.”
“Dad, I didn’t sell it,” Chen Guanglei knew he couldn’t hide it, so he could only tell the truth, and then he immediately explained, “Dad, it’s not that I didn’t listen to you. I agree with what you said, that the government and Douyin would rectify this situation sooner or later, I just wanted to wait and see. I thought even if there was a rectification, some warning signs or clues would emerge, so we could sell in time. But who could have expected the government to act so suddenly? I was caught off guard.”
“You…” Chen Ankang, shaking with anger, “Why didn’t you listen to me? I told you to sell the guild these few days, but you decided to do things your own way, wanted to wait and see, you… you…”
He didn’t finish his sentence when Chen Ankang suddenly felt breathless, his vision blackening, and he collapsed to the floor.
“Dad, what’s wrong with you, Dad, don’t scare me, someone come quickly…”
Chen Guanglei saw his father fall to the ground and was immediately frightened, rushing over while yelling out loud.
Soon, several company employees, hearing his shouts, rushed in.
Several people clumsily carried Chen Ankang out and took him to the hospital.
…
The next day.
Xu Yang received a call from Wang Xiaocong.
“Xu Yang, Tengxun Film Industry sabotaged our movie yesterday,” Wang Xiaocong said.
“How did they sabotage us?” Xu Yang asked.
On the night of Wang Xiaocong’s birthday, Xu Yang had already mentioned to Wang Xiaocong how Wu Chengtao, the head of Tengxun Film Industry’s movie division, had called demanding a forty percent share, and that Tengxun might cause trouble, asking Wang Xiaocong to keep an eye out and intervene if necessary.
“They’re employing their connections, trying to prevent our movie from getting approval,” Wang Xiaocong said.
“So what now…” Xu Yang asked.
“Don’t worry, it’s already been handled. In terms of connections, the old Su family is still very strong and isn’t intimidated by Tengxun Film Industry at all.”
“Speaking of which, Tengxun Film Industry is getting more and more overbearing, directly asking for a forty percent stake from you. Why don’t they just go rob someone?” Wang Xiaocong said indignantly.
“Yeah, it’s not that I didn’t want to give them a share, but what they demanded was too much. They even wanted me to lower my own share, thinking that with Tengxun Group behind them, they can do whatever they want. I’m not going to indulge these people,” Xu Yang said.
“There’s no need to indulge them. Tengxun may be powerful, but not to the extent of being invincible. At least my father can stand up to them,” Wang Xiaocong said.
“I’ve already personally warned that Wu Chengtao fellow on the phone. I told him if he dares to mess around again, in the future, Tengxun Film Industry’s movies won’t be shown in Wanda cinemas. Let’s see who dares to work with them then.”
“`
“That guy is just a lowlife, once I laid down some tough talk, he repeatedly assured me that he wouldn’t make a move again.”
When Wang Xiaocong had called Wu Chengtao, he had indeed talked tough.
How dare they mess with his cake, did they really think Wang the Younger was a vegetarian?
“Young Master Wang, you’ve always been so dominant, just making a call and threatening them, and it works like a charm,” Xu Yang said with a laugh.
“It’s not that I’m dominant, I’m not dominant at all, it’s all about relying on my old man’s power—if it weren’t for my dad, I’d be nothing,” Wang Xiaocong said.
The conversation was awkward for Xu Yang, who could only reply, “Young Master Wang, you’ve still done well, making lots of investments without landing your dad in trouble.”
“Hahaha, that’s true. Although I’m good for nothing, at least I haven’t screwed over my dad!” Wang Xiaocong laughed heartily, then suddenly changed the subject, “Speaking of screwing over one’s dad, I must tell you about something, you’ve probably heard about it, right?”
Xu Yang said blankly, “Heard about what?”
Wang Xiaocong chuckled, “It’s about Chen Ankang, Chen Guanglei’s dad.”
Xu Yang inquired, “I haven’t heard anything. What happened to Chen Guanglei’s dad?”
“Looks like you really don’t know. I must have a good talk with you,” Wang Xiaocong chuckled, “Last night, Chen Ankang had a heart attack and passed away in the hospital, beyond help.”
“Chen Guanglei’s dad died?!” Xu Yang frowned slightly.
To be honest, he wasn’t much concerned.
As far as he was concerned, Chen Guanglei was nothing but a buffoon.
And he had never met Chen Guanglei’s dad, so he had no idea what kind of person he was.
“Yes, he’s dead, and it was anger that killed him—anger caused by Chen Guanglei,” Wang Xiaocong said with an almost gleeful tone.
“What happened? How could he be angered to death?” Xu Yang asked in astonishment.
“Funny enough, this matter involves you,” Wang Xiaocong said with a grin.
“Damn it, Young Master Wang, don’t talk nonsense. This is about someone’s death. It can’t have anything to do with me. Plus, I’ve never even met Chen Guanglei’s dad, how could it be related to me? I’m telling you, you better not falsely accuse me of this, or the cops will be inviting me for tea,” Xu Yang said, somewhat speechless.
How could this have anything to do with him? He didn’t even know Chen Guanglei’s dad.
What on earth was Wang Xiaocong thinking?
“Haha, Xu Yang, don’t get worked up, I just said it’s somewhat related to you, I didn’t say you were the one who killed Chen Ankang, what are you so excited about?” Wang Xiaocong laughed.
“Young Master Wang, you can’t make jokes about that. The way you talk, anyone listening might think I’m responsible for the death of Chen Guanglei’s dad. You better give me a good reason, or we’re not finished,” Xu Yang said.
“I was about to get to that; once you hear me out, you won’t think I’m just blabbering,” Wang Xiaocong said with a smile.
“Speak, I’m all ears,” Xu Yang said.
“Well, this all started with the aluminum mine you acquired. Chen Ankang had a friend from Fengkai Mining, who suggested that Chen Ankang buy that mine.”
“Chen Ankang originally intended to purchase it, but instead, his son Chen Guanglei convinced him to venture into the live streaming industry and buy the Jia Sheng Guild.”
“Later, you bought that aluminum mine for fifty million and discovered a huge aluminum resource within it, selling it back to Fengkai Mining for 1.6 billion, netting a profit of 1.55 billion.”
“Once the news spread in the investment community, Chen Ankang became the laughingstock, with everyone saying his son was nothing but a disappointment.”
“Hahaha…”
At this point, Wang Xiaocong burst into laughter, and after his laughter subsided, he continued.
“A few days ago, Chen Ankang was still telling people about the serious issues with Douyin guilds selling counterfeit and substandard products and that the state would eventually regulate it.”
“He had already told his son to sell off Jia Sheng Guild and get out in time.”
“Sure enough, as he predicted, the state cracked down, and Fengcai Guild, being the first to bring in celebrities, was hit hard and targeted for major punishment.”
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“After this clean-up operation, Jia Sheng Guild is barely hanging on; they could even go bankrupt in the future.”
“Originally, he was quite smug about it, but after asking his son Chen Guanglei, he found out that Chen Guanglei hadn’t sold Jia Sheng Guild.”
“After hearing that news, he got so angry that it triggered his heart attack, and after being taken to the hospital, he couldn’t be saved.”
After explaining everything, Wang Xiaocong finally made the situation clear.
“`